Today’s Bitcoin price analysis reveals a market in retreat as the foremost cryptocurrency dipped to $62,389, marking its lowest in over a week. This retraction from the April 25 high of $65,287 has set a bearish tone for the crypto market. At the time of writing, Bitcoin had decreased by 2.28% over the previous 24 hours to a value of $62,839. The crypto market is feeling the ripple effects of Bitcoin’s downturn, with a broad spectrum of altcoins, including Solana (SOL) and Shiba Inu (SHIB), charting a 6% drop. Meme coins in the Solana ecosystem, such as Dogwifhat and Bonk,…

ETH price analysis shows Ethereum encountering significant volatility as it navigates through the current market landscape. Today’s price movements indicate a struggle for Ethereum as it contends with both short-term and long-term technical indicators. Traders are closely monitoring ETH’s performance amidst fluctuations in trading volume and key support and resistance levels. In the past 24 hours, Ethereum’s price has experienced notable fluctuations, with ETH trading around $3,250. The cryptocurrency faces resistance at the $3,280 level, struggling to maintain bullish momentum. Despite attempts to break above key resistance levels, ETH has encountered rejection, signaling a potential shift toward a bearish trend.…